Daily Newsletter

Hello there ,

If you look at the “about” section on our website, the very first line introduces us as “Tech in Asia (YC W15).” As someone who came from a non-tech, non-startup background, I remember being confused when I first saw it. What is YC? Why W15? Why is it so important that it’s up there next to the company’s name?

I’ve since come to learn about Y Combinator (YC) and how it drives the growth of startups around the world. I’ve also learned about other accelerators out there who are building on the model that YC created. Today, we’re taking a closer look at one of these accelerators.

THE BIG STORY

PODCAST

Grab, one of the region’s most valuable tech companies, made its Nasdaq debut last month after a record US$40 billion merger with Altimeter, a New York-listed blank-check company.

However, the super app’s first few weeks of public life haven’t been the easiest, with its shares ending at US$7.12 apiece last week – a roughly 45.5% discount to their opening price in December.

In this episode of Deep Dive, Tech in Asia’s Terence Lee, Aditya Hadi Pratama, and Simon Huang discuss Grab’s ride to the public market, its financial performance over the past year, and its prospects for the future.

Listen here: Spotify | Apple Podcasts

TRENDING NEWS

EVENTS HAPPENING

• *Event* AMA about Circles Life’s $5m ESOP buyback program on January 25th
  Circles.Life’s unique approach to ESOPs (employee stock ownership plans) has ignited conversations on how these programs are structured in Southeast Asia and how founders should design and implement their own.
  Ask and learn from Rameez Ansar, co-founder of Circles.Life, about their ESOP buyback program, what you should consider when structuring yours, and any of your other burning questions.
  Registration is free.
• *Event* [Workshop] What NFTs mean to startups in Southeast Asia on February 10th
  Curious about NFTs and want to expand your insights about this phenomenon? On February 10, catch our workshop with David Shin, head of global adoption at the Klaytn Foundation, to learn more about the digital asset!
  Get a single ticket to attend this workshop or subscribe to Tech in Asia Core at just US$0.55/day for unlimited access to all our workshops, signature conferences, and premium content.
• AWS SaaS Forum on February 17th
  Join the AWS SaaS Forum on February 17 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.

WHO'S HIRING

You can post a job here or search for jobs here.

• B2B Enterprise Social Media Marketing Executive at Microsec
  Singapore, Singapore
• Data Engineer at DANA Indonesia
  Jakarta, Indonesia
• Data Analyst at Bibit
  Jakarta, Indonesia
• Senior Business Analys at PasarPolis
  Jakarta, Indonesia
• Sales & Operations Manager at SCI Ecommerce
  Jakarta, Indonesia
• Senior Devops Engineer at Clade Ventures Pty. Ltd.
  Tangerang, Indonesia